Question

(a) Which of the following factor does not influence productivity?
(i) Material
(ii) Technology
(iii) Previous Capital
(iv) Labour

Answer 1

Answer:

(iii) previous capital

Answer 2

Previous capital does not affect productivity.

• The capital that is already enquired in the organisation does not affect the productivity for example the capital that is already employed for the construction of the building does not affect the productivity of the employees of the organisation.
• The productivity of the employees is dependent on the work environment and training and development opportunities of the employees. A happy and satisfied employee would produce better results.
• Training and development are also a very important part to increase productivity by teaching them new skills which would be required to reach organisational objectives.